October 14, 2022
Foreign Trade Indices in Türkiye, August 2022
As compared with the corresponding month of the preceding year, the overall export unit value index increased by 5.9% in August. In the same month, compared to August 2021, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 9.5%, 8.8%, 62.4% and 2.6%, respectively.
The overall export volume index increased by 6.8%
The overall export volume index compared to the corresponding month of the preceding year increased by 6.8% in August. Compared with August 2021, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 7.6%, 20.6%, 39.6% and 4.7%, respectively.
Export unit value and volume indices, August 2022
[2015=100]
The overall import unit value index increased by 26.0%
As compared with the corresponding month of the preceding year, the overall import unit value index increased by 26.0% in August. While the index for manufactured goods (except food, beverages and tobacco) decreased by 0.8%, the index for food, beverages and tobacco, crude materials (except fuels) and fuels increased by 17.1%, 3.1% and 160.0%, respectively.
The overall import volume index increased by 11.5%
In August, the overall import volume index compared to the corresponding month of the preceding year increased by 11.5%. While the index for fuels decreased by 23.1%, the index for food, beverages and tobacco, crude materials (except fuels) and manufactured goods (except food, beverages and tobacco) increased by 3.0%, 4.8% and 22.7%, respectively.
Import unit value and volume indices, August 2022
[2015=100]
Foreign trade indices, August 2022
[2015=100]
The calendar and seasonally adjusted export volume index increased by 3.3%
The calendar and seasonally adjusted export volume index which was 147.7 in July 2022, increased by 3.3%, to 152.6 in August 2022. The calendar adjusted export volume index which was 141.3 in August 2021, increased by 2.5%, to 144.9 in August 2022.
The calendar and seasonally adjusted import volume index increased by 1.0%
The calendar and seasonally adjusted import volume index which was 115.3 in July 2022, increased by 1.0%, to 116.4 in August 2022. The calendar adjusted import volume index which was 106.8 in August 2021, increased by 8.0%, to 115.4 in August 2022.
Calendar and seasonally adjusted foreign trade volume indices, August 2022
[2015=100]
Terms of trade was 73.0 in August 2022
Terms of trade is calculated by dividing the export unit value index by the import unit value index, then multiplying the result by 100. While terms of trade was 86.8 in August 2021, it decreased by 13.8 points to 73.0 in August 2022.
Terms of trade, August 2022
[2015=100]
The next release on this subject will be on November 14, 2022.
Source: Turkish Statistical Institute (TurkStat)
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